VIDEO: Davido joins Dangote at Times Square, New York, as refinery IPO hits Nasdaq Billboard

Nigerian singer Davido appeared alongside Aliko Dangote at New York's Times Square. According to Punch Nigeria, this event coincided with the advertisement of the Dangote Petroleum Refinery's Initial Public Offering on a Nasdaq billboard.

The refinery's listing has generated interest, with Nigerian stocks experiencing an eighth consecutive positive session. The NGX All-Share Index gained 0.14% to 250,156.80 points, up 61% year to date, as reported by Nairametrics.

The Capital Markets Authority in Kenya has issued a warning to investors regarding unverified information about the Dangote Petroleum Refinery's IPO circulating in the country. The CMA stated that the IPO is regulated in Nigeria and has not been submitted for consideration and approval in Kenya, urging investors to rely only on official communications from relevant regulators and authorised channels.

Brief written by urgent.news from Punch Nigeria, Nairametrics, Capital FM Kenya — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.